Bellingham / Whatcom County | 2006 - 2007 Residential Market Comparison
2006 |
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| 2007 |
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| Area | Homes | Avg. Price | Area | Homes | Avg. Price |
| Whatcom County | 2,812 | $329,795 | Whatcom County | 2,689 | $335,468 |
| Bellingham | 1,197 | $368,312 | Bellingham | 1,223 | $376,597 |
| Blaine | 433 | $321,171 | Blaine | 348 | $328,412 |
| Lynden | 223 | $330,319 | Lynden | 216 | $318,310 |
| Ferndale | 342 | $331,347 | Ferndale | 357 | $331,578 |
We see some interesting real estate statistics here between 2006 and 2007 for Bellingham & Whatcom County. Overall, prices when up in Whatcom County during 2007 while the total volume of homes sold was slightly down. In Bellingham both sales and prices went up during 2007. The only market that really suffered in stagnate sales during 2007 was Blaine. The biggest reason for this sharp decline was due to the slowdown of DB Johnson's Bay Crest Neighborhood. With nearly 500 total homes flooding the market over several phases, Bay Crest slowed things down in Blaine.
Considering all of the real estate problems nationally, Whatcom County was able to hold strong. If you have been considering moving to Bellingham or Whatcom County, you should feel comfortable knowing that the local real estate market faired well during recent real estate storms.
Ryan Martin, e-Pro®, Realtor® - 360-319-0040
Your Bellingham Real Estate Professional | Bellingham Washington Real Estate
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